1-bed · 769 sqftMarina Diamond Tower 5, Dubai Marina · 3rd floor · completed 2007

304, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 565K10 September 2012
Current rentAED 46K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Marina Diamond Tower 5

What is 304 worth today?

Last sold for AED 565,215 in 2012

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1 Mar 2022RentedNew contract
AED 46,000/yr12 months · AED 60 per sqft
15 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
10 May 2015RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
6 Sep 2014RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
10 Sep 2012Sold by developerReady
AED 565,215AED 735 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
3rd of 19
Parking
24 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,900 /yr
Last sold
AED 565K · September 2012

About 304, Marina Diamond Tower 5

304 is a one-bedroom apartment of 769 sqft on the 3rd floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 10 September 2012 for AED 565,215, or AED 735 per sqft, 6% below the AED 779 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 March 2022, is AED 46,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 10,900 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, September 2012: AED 565,215 (AED 735 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Marina Diamond Tower 5
40K60K80K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, September 2014: AED 60,000 a yearNew contract, May 2015: AED 80,000 a yearNew contract, January 2018: AED 65,000 a yearNew contract, March 2022: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Diamond Tower 5, and where 304 sits

All 115 1-beds →

304 last sold in September 2012 at AED 735 per sqft, 6% below what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 779). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 304's AED 46,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-bed sales in the last 12 months

Marina Diamond Tower 5

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2007 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,427 Up 0.4%
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
7.0%
Marina Diamond Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 190 units in Marina Diamond Tower 5
Value
3012-bedAED 1.1M · Mar 2017
3022-bedAED 802K · Apr 2009
3031-bedAED 675K · Jun 2021
3051-bedAED 940K · Oct 2023
3062-bedAED 980K · Jun 2023
3072-bedAED 815K · Oct 2009
3081-bedAED 1.08M · Jan 2026
1–7 of 9

304, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 10 September 2012 for AED 565,215, or AED 735 per sqft.
  • Rented since September 2014 on 4 Ejari contracts, from AED 60,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 10,900 a year (AED 14.24 per sqft).
  • One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 1 March 2022.

Questions about 304, Marina Diamond Tower 5

What did unit 304 last sell for?

AED 565,215 on 10 September 2012, sold by the developer: AED 735 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 46,000 a year on the contract signed on 1 March 2022. The previous contract, from January 2018, was AED 65,000; the unit has been rented since September 2014.

How big is unit 304?

769 sqft (71.4 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.

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Mortgage on 304, Marina Diamond Tower 5

Starts from the last sale price (AED 565K, 10 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 565,215
Deposit, UAE resident (20%)
AED 113,043
Deposit, non-resident (40%)
AED 226,086
Monthly over 25 years at 3.7%
AED 2,312

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →